Article

2010-02-10 Europe

Germany backs Greek bail-out as EU creates 'economic government'

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Posted by tipper 2010-02-10 07:26|| || Front Page|| [4 views ] Top

#1 "He who controls the Spice controls the universe."

Posted by Anonymoose 2010-02-10 13:29|| 2010-02-10 13:29|| Front Page Top

#2 catapult the EU across the Rubicon towards fiscal federalism and a de facto debt union. The EU's top brass are seizing on the crisis to push for a radical extension of EU powers, saying Greece has exposed the deep flaws in the structure of monetary union.

You can't have monetary union without fiscal union.

Posted by phil_b 2010-02-10 18:34|| 2010-02-10 18:34|| Front Page Top

#3 Things don't go well for the Germans when they bail folks out over Greece. You'd think they'd learn. Paying for EUrope won't work out much better than last time.

Posted by Nimble Spemble 2010-02-10 20:26|| 2010-02-10 20:26|| Front Page Top

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